One of Nigeria's largest companies, involved in the production of cement and a significant player in the commercial paper market.
Why this Nigerian startup issued ₦14.9 billion in commercial papers
Payaza issued ₦14.9 billion in commercial paper and repaid it in under six months. The company was bootstrapped and focuses on providing payment tools for small and medium-sized businesses in Nigeria.
Nigeria has been courting Flutterwave to list on the NGX since 2023. Can it afford the fintech?
Nigeria has been lobbying Flutterwave to list on the NGX since 2023 to attract other startups. Flutterwave's last public valuation was $3 billion, making it one of the most valuable companies on the NGX.
Nigeria’s Wealthtech Startups Scramble To Survive As Wealth Grows Scarce
Inflation in Nigeria rose from 25.08% in 2023 to 32.15% in 2024. 37% of Nigerians earn below NGN 100 K (~USD 60.00) monthly.
